Columbia multifamily posts positive absorption despite additional inventory
- 327 units will deliver in 2022
- Monthly asking rental rates increased 8.82% year-over-year for new leases
New multifamily units continue to be delivered to the market. The Babcock located at 2110 Pickens Street added 208 units to the market during the second quarter of 2022, and despite the increased inventory, the market absorbed 99 units.
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